Funding spread now, next payment 17:00 UTC+0.0293%/8h
next payment, per $10,000+$0.37paid, last 24h−0.001%paid, last 7 days+0.142%to open and close $10k−$52
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.142% in total (about 7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARBUSD | 0.2330 | −0.0197 | get 0.0025% / 1h | 40m 31s | $1.2M | $4.9M | 50x |
| Short | Lighter ARB | 0.2328 | 0.0096 | get 0.0012% / 1h | 40m 31s | $1.6M | $7.3M | 15x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $61.57
- Slippage, 4 orders
- −$41.75
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $9.82
- Break-even
- 5.9 days
Slippage from Kraken Futures: live order book, 5 min ago; Lighter: live order book, 4 min ago.
Price risk
price view- Price gap now
- −0.083%
- Avg gap 7d
- −0.041%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 5 min ago | 13.08 bp | 18.5 bp −$18 | 24.5 bp −$245 | 910.6 bp −$91.1K | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.92 bp | 6.3 bp −$6 | 18.7 bp −$187 | 114.2 bp −$11.4K | doesn't fit |
ARB on 35 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1401% | 1h | $60K | $204K | 12x | as long as short |
| Kraken Futures PF_ARBUSDlong | −0.0197% | 1h | $1.2M | $4.9M | 50x | |
| Deribit ARB_USDC-PERPETUAL | −0.0179% | 1h | $41K | $16K | 25x | as long as short |
| Phemex ARBUSDT | −0.0129% | 8h | $5.8M | $14.5M | 50x | as long as short |
| 01 Exchange ARBUSD | −0.0088% | 1h | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0044% | 8h | $59.4M | $131.1M | 50x | as long as short |
| SoDEX ARB-USD | −0.0026% | 1h | $5K | $2.9M | 5x | as long as short |
| Orderly PERP_ARB_USDC | −0.0018% | 8h | $11K | $359K | 10x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | $70K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0006% | 1h | $62K | — | 150x | as long as short |
Kraken Futures PF_ARBUSD
Lighter ARB
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
Phemex ARBUSDT
Bybit ARBUSDT
SoDEX ARB-USD
gTrade (Gains Network) ARB/USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Polymarket Perps ARB-USD
Aster ARBUSDT
Pacifica ARB
Binance ARBUSDT
Gate ARB_USDT
KuCoin ARBUSDTM
Bitget ARBUSDT
BingX ARB-USDC
Variational Omni ARB
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Extended ARB-USD
BloFin ARB-USDT
GMX ARB/USD [ARB-USDC]
Hyperliquid ARB
RISEx ARB/USDC
Coinbase International ARB-PERP-INTX
Backpack ARB_USDC_PERP